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live right on television after you're done. >> you gave steve part of our studio platform? >>steve: no. you will have to tune in. stay tuned. >> i think i'm going to be here for the three hours. >>steve: you will have to stay tuned to find out what exactly was involved. it did involve this pocket hose right here. >>brian: he's supposed to be on the camera, and he goes to get a pocket hose right in the middle of a segment. what are you? an extra? what are you? an august sillry? -- an auxiliary? >> this is getting more intriguing by the minute. i can hardly wait to hear about that hose. >>steve: it was something that happened on friday that went hardly awry. >> was this at the end of the show? >>steve: no. >> when i was on the treadmill, i was watching part of the show, but i missed this whole hose episode. then all of a sudden you guys froze at 8:40. maybe it was a direct tv satellite thing. you froze for the next 20 minutes. >>brian: it was chilly outside. >> we've got to get to headlines. it's shaping up to be a big week for white house staff announcements. president obama will no
confirmation. with me now steve clemens, editor at large for "atlantic" and has written things in support of hagel's nomination to the defense department and dan seymour and foreign policy adviser. gentlemen, welcome to you both. i couldn't think of two better people to do this and you both agreed. so, thank you. dan, i want to start with you, but i want to lay out this issue on israel and iran and i want to put up, we put together a few charts. sort of fuel for supporters and opponents when it comes to hagel and iran and israel. voted against iran/libya sanks in 2001 and blocked sanctions bills in 2008. he was in support of key nonproliferation bills having to do with sanctioning iran on nuclear weapons. as for israel, he didn't sign some letters of support of israel in the past. anti-hamas bill and voted for aid for israel as a senator. dan, why would you look at this record and say it's decidedly mixed for somebody who want somebody in there who wants nothing but always on the side of whatever israel wants the united states to do, he certainly is not a full fledged opponent of israel,
specialist tdd#: 1-800-345-2550 will help you get started today. liz: as first reported by fox business steve cohen's capital bracing for massive redemptions amid a wide ranging investigation into possible insider trading violations at the big huge fund although the fund is up this year. how long does up this year last? >> i mean, he's doing very well amid, like, a lot of pressure. we have to point out that, this is what i love about being on fox business, you know, sometimes like david versus goliath; right? we write the story monday, i did, you were traveling to one of your affairs. liz: the story that -- >> that fc capital was meeting with hedge fund managers, bracing for massive redemptions -- liz: pulling my money out? >> if you read the "wall street journal," they copied our lead five days later, it came out today. what the journal missed, and in addition to becoming very late on the story, they missed why it's happening. it's not necessarily that people want to hate steve because they don't. i can tell you that financial advice, guys who control money, the fun, the funds that invest in
. in december 2011, steve kroft reported on two such cases. we begin with a woman named eileen foster, a former senior executive at countrywide financial, one of the epicenters of the crisis. >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> but eileen foster has never been asked, and never spoken to the justice department, even though she was countrywide's executive vice president in charge of fraud investigations. at the height of the housing bubble, countrywide financial was the largest mortgage lender in the country, and the loans it made were among the worst, a third ending up in foreclosure or default, many because of mortgage fraud. it was foster's job to monitor and investigate allegations of fraud against countrywide employees and make sure they were reported to the board of directors and the treasury department. >> how much fraud was there at countrywide? >> from what i saw, the types of things i saw, it was-- it appeared system
brand of the republican party. >> steve, georgette was prepared to put up with anything, as long as you could keep her tax rates down on any form of income that she has. and now they can't quite completely guarantee it for her. so what is she in this for, because she ain't with them -- >> it is an interesting cut-off date, january 13th, as ohs forred to any other years. i view the republican party as not the only divide between the rockefellers, and the conservatives. i think the moderate wing is basically known existent now, it is the conservatives who have pragmatic instincts, and i think they actually account for the majority of the republicans in the house. but they have subordinated those instin instincts, the growth, they can grab up all the dollars, steer it into the houses in the country. they are defined by the whack jobs, they basically define conservativism as sort of an insurgents, basically means conservativism now is basically defined as i oppose obama and any and all compromise. the power is there because they're intim dating. >> and some are actually fundraising over the
joins us and steve liesman, our senior economics reporter. you worried, what are you thinking here? >> you know the problem is we're already starting to see the consequences and specifically we saw that in the quarters leading up to the fiscal cliff discussion, and really this is just another reminder, another round reminding the american people and the world just how much of an imbalance this u.s. u.s. economy has become with out-of-control government spending and removing any incentive for businesses to invest in the u.s. economy. these are different conversations. when we talk about the government shutdown as a result of breaching the cliff, this is on obligations already made, dollars already spent. the conversation that we need to have or include here is reining in future spending which is what the republicans are trying to do at this point. >> what do you think, steve? have we already seen damage to the economy with all this uncertainty and questions surrounding the debt ceiling and the fiscal cliff, or is there a point that you believe the debt ceiling fight damages the econ
fed treasury and others presented their points. robert steve miller said the board fulfilled its fiduciary duty and the board reject it had entirely meaning it won't pursue the claims on its own or allowing greenberg international to pursue the claims in aidentifying's name. the ceo from 1967 until 2005, greenberg's long criticized the government's handling of aig during the financial crisis. his term filed the suit on behalf of other aig shareholders, the suit claiming, among other things, the firm's investors weren't properly compensated for the 80% stake the company took as collateral for the rescue packaged back in 2008. calls for clarification on the decision were not delivered. back to you. >> joining me right now in an exclusive interview, ceo benmosche. thanks for joining us. >> thank you, maria. >> very important time for the company and shareholders are out there watching this. first off i've got to say reading the court of public opinion, lots of headlines. now we've got a lawsuit against the government. the government bailed out this company. why did you even look at
't come with the training. steve jobs was the brand marketing expert at apple. tim cook is logistics guy. we look at tim, how did he heck did he get to be ceo of anything let alone the most powerful company in tech? i think nature here, apple is looking across at samsung, competing hard with samsung and starting to adopt sam sung's policies and practices and samsung is a broadband, more of a value brand and segment. melissa: looking right now, the market share, what we've seen and it has just been a huge jump. in 2011, samsung's market share was 22% to apple's 13. if you look what happened in 2012, samsung has jumped all the way to 31%, a huge jump. another 10%. meanwhile apple just ticked up two points, to 15. seems like samsung is really eating their lunch and apple should go back to what has worked for them, instead of trying to do this other thing, right? maybe they can't? maybe they're out of ideas? their trademark was amazing innovation. is that gone with steve jobs? >> well, what steve wozniak beliefs, when steve jobs passed a lot of people that created innovation with apple left
. >> there we go. >> i don't think -- >> pimco -- >> you know i'm thinking of steve jobs and -- >> i know. >> it's -- >> i'm going to do it with my ipad, too. anyway when we come back. an interesting -- interest rate decision from the bank of england is just a few minutes away. plus president obama set to nominate jack lou as treasury today. roger altman will join us on set as our guest host for the next hour. "squawk" will be right back. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> talking treasury. who is america's new top money man? the nomination of jack lew and what this means for the markets. reaction from former deputy treasury secretary roger altman. >>> stocks in focus. the most important themes for investors. get the names before trading begins, with jason trennert. >> and the herbalife war of words. >> herbalife is a pyramid scheme. >> now another activ
like this before. which one is it? joining us now is steve karnaky, host of "the cycle." steve, it's good to see you. empty threats? or are we in uncharted obstruction territory? >> i don't think it's uncharted yet. i'm curious to see how it plays out. i think in terms of the republicans unifying in opposition, it's more likely in the case of hagel than lew, but we'll see how that plays out. i don't pick up yet in either case on the threat of what could kill either of these nominations that would be a filibuster there is a sense in hagel, even if he had all the republicans, all 45 of them say they are against him, there will be still be up or down. so maybe 55-45, maybe one democrat will peel off. the longer term threat here is this. what we've already experienced in the last four years is that the republicans in some very sort of troubling ways have changed the behavior enormous for congressional parties. you look at how they have treated the debt ceiling. they tried to claim that as a legitimate bargaining tool. you look what the senate republicans have down with the filibuster,
there is no more room forepatients. steve brown is at one hospital in chicago. how many hospitals refusing new patients? >> this morning at 9:00 it was one hospital that was called bypass. on monday, 11 different hospitals around the state were on bypass. what that means for non-emergency patients, drivers are directed to go to another hospital and a lot of that is attributed to flu cases particularly in the chicago area. it is not unusual to happen, but have a cluster 11 different hospitals on one day, that is unusual. >> shep: steve brown, thanks. the doctor is with us attending physician at winthrop here in new york. everybody says this one is worse? >> we heard last season it was very mild and this is very severe. the flu season has started much earlier this year. we know that people were mixing holiday seasons and hospitals are at capacity with many patients. >> shep: it's not like if it starts earlier in the season it ends earlier. this may go for a long time? >> there were a number of cases and we are likely to see many more cases. we have vulnerable children and many people are being v
plan. steve liesman is here on what you are hearing. how concerned are they? >> there is concern and it takes two forms, sue. two separate fault lines that developed over the fed. you are -- well, that the easy one. the economy meeting what we call the substantial improvement in labor market quicker than others do. they are worried about substantial group in the balance sheet and adjusting it once they stave off inflation. here is what they said about three different folks with the fed. another group a few others say we need considerable policy. that is qe. but they frnt telling us how long it gez on for. this other group called several others that say it is appropriate to slow or stop purchases well before the end of 2013. they site concerns about financial stability or the size of the balance sheet. here is what i understood to be some of those concerns. big balance sheet obviously could lead to inflation. they could be at a loss or make payments to the bank. as interest rates go up, principal gez down. payment to banks would come from interest on reserve in order to sequester
. periodically they've developed what steve jobs used to say is, not what you want in the sense that, well, i'm looking for a better -- but something you never thought about that you suddenly just can't believe you can't live without. i think they've got to come up with something. they've got to come up with something that you can't live without that you don't know about. >> and they'll be able to do that without steve jobs? not just embracing something, but pushing the people behind it to actually make it a reality? >> tim cook, according to the interview, with steve jobs, not a product guy. but there are product guys there. this was not a one-man company. >> no, it wasn't. >> henry ford was not the only person at ford. but ford did change rather dramatically. is that the right analog? i struggle on apple every day, because the data points are not so great. >> they're not. as a consumer, who uses apple products, we want to love the stock, but that's not necessarily the case. >> i love the ecosystem so much. i was downloading this apple ecosystem from itunes. but it's not a rain forest, and w
could that impact the man who is now nominated to succeed tim geithner? steve, good morning. >> thanks, carl. first of all, just to what you were talking about earlier, we understand geithner's going to hang out until january 25th in the treasury, giving jack lew to confirm and i guess perfect his signature. let's see what we've learned, what does he leave for jack lew. he got the stress test done. actually, that's not correct there. let's move away from that. what we're talking about here is the -- let me go to my notes. the stimulus was done -- but sustained growth was not. frank dod basel iii was not done. aig also done. what is the geithner model? what is the geithner doctrine? i think you can say like this, overwhelming government force when it's clear it's needed. b in a crisis, spend, regulate and guarantee and do it with conviction. let's talk about one of the things left over from the geithner years, which is going to be the issue of debt and deficit. i think you would say there was some accomplishment when it came to getting some of these deals in place. but ultimately, he pr
of virgin atlantic. he's going to assume that job as of february 1st. current ceo steve ridgeway is retiring after 11 years on the job. >> let's welcome our two guest hosts who will be with us for the next two hours. first up we have senator ron johnson who is a member of the commerce and budget committees. also john allison, former bb&t ceo, also president of cato. welcome to the both of you. we have a lot to discuss with you. first we want to get to some of the things we're going to be talking about over the next two hours. guys, we have you here because we have some serious issues. things that are facing our nation and i know you both have some very serious thoughts about them. >> true. >> senator, you brought some cups that i think lay out some of your concerns. >> listen, what i like to talk about, obviously, is how do you start decreasing the level of uncertainty, bring certainly back to this economy, you know, restore confidence so we can get our economy growing again which is the primary, that's the best way to solving our fiscal situation. i think the other problem we've got to solv
public school teachers. >>> congressman steve palazzo wanted aid when his district was ravaged by hurricane katrina, yet voted down sandy aid. he took a hypocritical tour of sandy damage today. >>> congress has hit a new low. >> say ah! >> ah. >> say ah! >> ah. >> even root canals are more popular. bob shrum and howard fineman are here to assess the damages. on the heels of the horrific massacre in newtown, connecticut, something needs to change. here is one reason why. two years ago today, a gunman opened fire in tucson, arizona, in a parking lot. he shot 19 people, including congresswoman gabrielle giffords. with a gun carries 33 rounds and a magazine of ammunition. six people died, including one child. the mother of that child now has a strong message for our elected leaders in washington. >> 20 heartbroken families lost a child in the sandy hook school shooting. i know how much it hurts. my 9-year-old daughter was murdered in the tucson shooting. i have one question for our political leaders. when will you find the courage to stand up to the gun lobby? whose child has to di
are probably afraid i would fast fire you on there. all right, final trades. >> 85 calls unusual buy. >> steve weiss? >> pzn. a long institution yalg fund manager. >> and you know him? >> and i know rich. i don't own stock. friends with rich. >> okay. >> joe? >> close out the long xli. short -- >> applied materials. amat. >> that does it for us. have a great weekend. "power" starts now. >> "halftime" is over. "power lunch" and the second half of the trading day starts right now. >> alarm bells and it is not the scott wapner phone app, believe me, they are sounding at one of the best known investment firms in the world. see why a wall street journal report says sac capital is suddenly so nervous. payday problems. if you haven't looked yet at your direct deposit, get ready for a bit aftof a disappointmen. we will show you why. >>> plus, info into stock funds. hitting highs not seen in years. is it time for america to get back in the game or not? sue at the nyse. >> high, ty. can you love him or hate him. sac capital led by steven cohen has been major force for years. investigating involving insi
lakers frontcourt. and the rockets pulled away for a 125-112 victory. >>> lakers point guard steve nash reached a milestone. 10,000 assists and counting. nash is only the fifth nba player to do that behind john stockton, magic johnson and marc jackson. >>> in college basketball, duke retains its number one ranking as cook poured in a career high 25 points against clemson. the blue devils are off to one of their best starts with 15 wins and no losses. nice job. >>> and a tale of two cities and twin brothers as rob ryan was fired as defensive coordinator of the dallas cowboys. and in new york, the jets announced that his twin brother, rex ryan, will keep his job as head coach for now. and rex confirmed that he has a tattoo on his arm of his wife in a jets jersey with the number 6 quarterback mark sanchez. ryan said if sanchez doesn't play well next season, that number is changing. >> for another look of the weather, here is meteorologist bill karins. >> as a jets fan, it explains everything. the circus continues, right? >> indeed. >> the next one will be number 8 quarterback, fill the 6 i
we have found a way it be able to run automobiles with water, that was the hope of steve jobs. they run on water and we've got that in q2. i'm taking numbers down. that's where we are right now, the mind-set of apple is so horrible, that i feel like taking a big bag of macintoshs and smashing them. >> if this story had come out a year ago, it would have been seen as leading a way in the emerging market play. this is exactly what they needed to do. >> 40 billion more apps, china taking over the world, nokia destroyed. now it's like, a new phone, you know, wow. >> the context is a different context this year than a year ago. you look at the third-quarter share loss. 14.6% down from 23% a year ago. you look at samsung's growth, and samsung at 31% of worldwide shipments, from 8.8%. so we're seeing these two sort of cross paths here with samsung on the upswing, samsung yesterday reporting a record year, and apple on the down side. >> how long is tim cook going to subsidize its biggest enemy, samsung, and not go to taiwan semiconductors? do something about this south korean invasion
. hold on. and then the story i read on the front page of the wall street journal, steve, it did make the arrangement that he did run the two divisions, one of which got into serious trouble in 2007, 2008. he wasn't the guy making the investment decisions that really caused such severe heartburn. i red read that in the wall street journal today. >> well, he was in charge of the operation and it lost money. whether he was making specific calls on investments, don't know. but you don't look at that reference and say, gee, this really makes him qualified to be the treasury secretary for the united states. >> all right. let's let ali weigh in. >> steve, good to see you. i'm not sure anyone who would nominate for treasury secretary that the editorial of the wall street editorial would but who knows. your history is one of a tax fighter. you've been a tax fighter forever. you're founder of the club for growth. >> right. >> you've got the same dna as grover norquist and pat toomey and guys like this. jack lew understands budgets. the fact of the matter is, this is a guy that can speak the ri
. therefore, the outlook for qe is steve liesman. who we should note, of course, was hobnobbing with a lot of economists last week. >> simon, thanks. what i've been able to figure out is there are actually two separate fault lines that have developed over at the fed over how much quantitative easing to do this year. the first one is the easy one. some officials seeing the economy meeting the labor market before others. and look at this chart of the fed unemployment rate forecast for 2013. it shows those divisions really not that extreme. pretty solid majority. 16 of 19 members. they see the unemployment remain above 7.4% this year. that's probably enough to just fight qe for the full year. the more complicated split is among those who are worried about growth in the balance sheet and the fallout from trying to adjust it once the economy picks up. let's take a look at what the minutes said. a few members of the fed are in favor of asset purchases to the end of 2013. a few others, they would like to see considerable policy accommodation, but no specific time frame or total on the amount. it'
with the iphone really happen. for years you worked with steve jobs and company to really encompass that at at&t. what did you learn from that experience you believe will make you more successful with digital life? >> anytime you have a phenomenal partner like apple has been to us you have to learn from that partner. what we have learned is we have to go out and be innovative all the time. we have to look at how we create customer expense that has been flawless and simple for a customer and that was the goal here, how to make of this seems complex, wearing your whole house, allowing you to control these things. our goal was to make it simple. when people see what they can do and see how easy it is to set up and use, they will be blown away by it. liz: you can unlock the door from your desk at home. thank you very much. glenn lurie of at&t. when we come back, first on fox business interview, huge in automotive audio and so much more. plus, tim baxter, first on fox business, wait until you see it, the 84-inch ultra high-definition tv. don't even ask. we will be right back from the consumer elect
the jobless rate to 6 1/2%, a report from steve leaiesman whe we return. about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> welcome back to "squawk box" this morning. in the headlines, amr shareholders might be getting earnings. it might be unusual but its stock has improved since filing for bankruptcy in 2011. the possibility of that was mentioned to the justice department. >>> a number of redesign ed mercedes models should drive sales. the u.s. has become more important now that demands from china has receded. >>> finally, apple's tim cook on his second visit to china in a year and ramped up speculation apple is renewing efforts to strike a partnership with apple mobile, the country's largest carrier and apple declined to comment whether they would be meeting
economics reporter steve liesman who joins us a little background. you going to give us a little drama, a little -- >> yeah, there seem to be at least two separate fault lines, andrew, at the fed over how much quantitative easing to do this year. the first one is the easy one. that's over the economic outlook. some officials see the economy meeting that test of substantial improvement in the labor market earlier than others do. that's the easy one. the more complicated split is among those who may or may not see the economy improving, but they're worried about growth in the balance sheet. i want to give you, from the minutes, the divisions at the fed. a few members of the fed say asset purchases are warranted until the end of 2013. a few others, we need considerable policy accommodation but give no specific time frame or total. they're probably the ones who are more oriented towards substantial improvement in the labor market. it's this last group that seems to be the new group. others, several others, they say it's appropriate to slow or to stop purchases well before the end of 2013,
of russia by banning their visas and freezing their assets in america. >> steve cohen, you disagree with the magnitsky act. >> i do for many reasons, but as you said in your introduction i think moscow and washington are sliding into a new cold war, which would be very bad for national security and the magnitsky act further poisons the relationship. mr. browder is right to a certain extent, but not quite as simple as he says. even though this may be this act just a lot of words, it will have consequences. for example, there are groups in moscow and in the united states that have a whole list of names that they want to put on this black list. there are even people who want to put putin's name on it on the ground that he abused civil liberties. what would that mean for the relationship between president obama and putin, if they want to have an urgent meeting, let's say in the united states about missile defense or syria. this is a kind of cold war atmospheric poisoning that we don't need at this time. >> william, what do you think of this adoptions issue? why did they choose it and wh
as former boss steve jobs. we don't now how the holiday turned out for jcpenney. one person we spoke to is very happy with how his merchandise performed at jcpenney. >> we had a stellar performance in izod at jcpenney during the holiday season. great sell throughs. we beat our plans particularly for the month of december. so we really feel very good about how that has all come together, how izod has performed at jcpenney. we love the way they look, the way the brand is presented. and the margins have been outstanding. >> no shares of online only amazon hitting record highs. in tandem today with the heavy conference connecting with the consumer on multiple screens and platforms. a number expected to release their holiday sales numbers this week. many of which invested heavily in their online department. retail investment bank president collin welch told me today he thinks many of these retailers are better off acquiring technology companies and companies that already have this expertise than building them from the ground up. >> thanks very much. >>> earning season kicks off tomorrow.
's clearly president obama, that's clearly true. and steve moore's piece was excellent. it went through a lot of logic and i'm a huge fan of boehner, i think that speaker boehner is really great and did a good job. he had no choice, but to let the upper rates go higher. that's the killer in this economy and now the democrats own it and have to live with it. charles: art, the killer, also, everyone watching the show got a check over the weekend and they saw their checks dinged and the payroll tax cuts expiring. i kind of thought that fell under the president's pledge not to tax the middle class. that's what he pledged. of all the taxes there are and all taxes are bad. but the payroll tax is the least bad of all the taxes we have. if you cut the payroll tax that will hurt the economy not help it. raising it where it should be is the correct thing to do and for economics as well my view of the world. cutting government spending is the real tax problem we have and payroll tax is not. charles: where are we going? goldman sachs says this fiscal cliff deal will take 200 billion in disposable income
. steve hernandez, father of victim rebecca wingo, blurted out, "rot in hell, holmes," as the defendant was leaving the courtroom. other family members in the courtroom said they understand his reaction. >> i didn't think he was going to say something like that, just like -- i didn't know exactly what the outburst was, i thought a scream or crying. what i found out it was, "rot in hell, james holmes," i was surprised. >> reporter: is it hard to hold your tongue during these procedures? >> me personally no. i do not want to get in trouble. he could have gotten in a lot of trouble for what he did today. he had his daughter die. >> reporter: the judge ruled that holmes can stand trial in the case. he will officially be arraigned and expected to enter a plea in march. jim spellman, cnn, centennial, colorado. >>> alan rose is competing to become -- allen rose is competing to become miss america. win or lose, she's decided to undergoing g a preventive double mass tech tom at the pageant at the urge of her fathers. her mother, grandmother, and aunt died of the disease. although she is young an
. and the white house -- "the wall street journal" writer who sat with him, steve moore from the editorial page, said boehner looked battle weary. and he really took some shots at the president, talking about how he was overly ideological, quoting back how when he kept saying to the president, we have a spending problem, speaker boehner says that president obama said to him, you know, john, i'm tired of hearing you say that. whatever bond these two had over the fact that they both had difficult constituencies seems to be broken. >> mike allen going to be back in our next hour to talk dangling participles. >> gerunds. >> alex has the definition of gerund. he's going to tell a waiting america that definition now. >> a gerund is a form that is derived from a verb but that functions as a noun. >> oh, wow! i like it when you say it like that, alex. >> i think we've got a spending problem. >> that's weird. >>> up next -- >> and joe, mika, real quick, also just while i've been on the air, we've been told that along with senator hagel today, the president also will be nominating john brannen to head th
Search Results 0 to 33 of about 34 (some duplicates have been removed)

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